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20121202
20121210
Search Results 0 to 4 of about 5 (some duplicates have been removed)
the fiscal cliff. right after the election wall street dropped 5% when everybody suddenly focused on the fiscal cliff and realized that this was a problem. but since then it's kind of bumped along at this sort of level. i don't think wall street is at all sanguine about the idea that if we went over the fiscal cliff, life would go on as we know it and everything would be fine. >> one of the things that was really interesting to me to bear out that point is ken conrad yesterday who's been so down, i mean, he's leaving the senate. he's done this for seven years. they can't produce deals. and yesterday when i interviewed him, joe, he said i think we're going to make this. i think the boehner offer had significant indicators that something here is going on, and they're going to come together. >> also, kent conrad, a guy -- i've loved him for a long time, deficit hawk. they haven't allowed him to put a budget out for years. he's growing frustrated. i'm sure he's going to be glad to leave. but i was surprised by that as well. you see also, sam stein, republicans are now starting to real
of the election. issues like entitlement reform and new revenue, but he's going to have to do something big. there's been a four-year course of he doesn't get along with either party, doesn't make the kind of effort you're talking about. i don't think there's any doubt he's going to, particularly john boehner, find some human interconnection moment that says we're doing this. and that's when the tough part starts. because once there's a leader deal, getting it through the house, whatever the terms of it is going to be super hard. >> i was with a group of businessmen last night, and their question was, why don't the people in washington do what we do when there's an important decision that comes up? why don't they get into a room and hammer it out, get some food, drinks, whether it's a couple days, get them helicopters, and go to camp david. you get in a room together -- >> the president -- the president doesn't like doing that. he's not comfortable doing that. and jon meacham, that is not the opinion of a pundit, that is a matter of historical record for his first four years. is it not? >> that's
a pretty dramatic shift since the election, and certainly i salute him for doing this, he actually is very engaged with the business community. and i'm not hearing the sort of things from top ceos and business leaders today that i heard the first four years. maybe -- maybe he's leaning in here and trying to rebuild a relationship with some of these people who supported him in '08. >> and i think it goes both ways. i think the business community views this deficit thing as the biggest problem that we can solve that we need to solve. there's something called a campaign to fix the debt, which i'm on the steering committee, 120 leading ceos from everything from general electric to jpmorgan on down. really committed to doing something and accepting the idea that revenues have to go up, not ideological about how, but most of all, wanting a big $4 trillion package. and so they have become, in effect, allies of the president. they're really trying to get to the same place. at some point there may be differences over how much entitlements, how much this or that, but right now their interests are al
and majoritarianism. winning elections is the easy part. the question is whether they can govern, whether there's any tolerance for minorities, for multiple points of view. he did a power grab. there's now pushback. i think it's wrong to assume, though, that all the people pushing back are necessarily democrats. >> no. >> a lot of people are just going to try to take advantage. >> but everybody's pushing back, and certainly elements of mubarak's regime are looking for an opportunity to regain some power. but you also have coptic christian pushing back, other islamists pushing back, some even more extreme. >> exactly. >> you have all elements pushing back here. i'm absolutely bewildered as to why morsi thought he could get away with this. >> these are guys, morsi, who are either in jail or in the streets in opposition for their entire careers. they come into office. why would we think that they spent all their time out of office reading the federalists papers in arabic translations? they didn't. the only political game they know how to play is the old play. >> get power. >> seize it. in this case, the
Search Results 0 to 4 of about 5 (some duplicates have been removed)